SAFE round management is available across Cake plans, allowing you to set up rounds, attach templates, and manage investor onboarding.
Yes, you can upload custom SAFE agreements once on the starter plan. Contact the CS team to ensure compatibility and integration with your account. Cake also provides free, lawyer-approved SAFE templates that auto-populate with investor details and merge tags.
SAFEs automatically convert at predetermined trigger events like priced equity rounds, using either the valuation cap or discount rate—whichever gives investors better terms. The platform models conversion scenarios so you can see dilution impact before committing.
SAFEs are equity instruments without debt obligations—no interest rates, maturity dates, or repayment requirements. This makes them simpler and more founder-friendly than convertible notes, though they typically appear in the equity section of your balance sheet.
There are no platform limits on the number of SAFEs you can issue or total amounts raised. Cake's modeling tools help you simulate multiple SAFE conversions simultaneously to understand cumulative dilution effects.
All SAFE notes are automatically recorded in your cap table, providing transparency for investors and ensuring proper documentation for future due diligence. The platform maintains fully diluted calculations including all outstanding SAFEs.
